Contract Summarization is the restating of the salient points of interest in the contracts in as few words as possible with the goal to simplify the given information by pointing to the most relevant terms and clauses in the contract, limiting the need for accessing the original documents. Some of the benefits of contract summarization […]

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We discussed the meaning and objectives of obligation tracking in the previous post, in this post we will discuss how effective the process of automation in tracking can be and how Brightleaf holds an edge over other automation tools enabling it to achieve unparalleled excellence. Before we begin to explain the application of artificial intelligence […]

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Meaning Obligation tracking is a systematic process of breaking down contracts into a pre-defined pattern (based on the user’s need) to provide insight – with mathematical clarity – into all that there is in a contract. Metaphorically speaking, it’s a process which enables the contract to talk and explain itself – in a simple and […]

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Massachusetts, home to Brightleaf Solutions, beat out California, New Jersey, and Washington as the number one innovation hub, according to a new Bloomberg survey. Bloomberg ranked states according to their research and development intensity, productivity, high-tech density, concentration of science, technology, engineering and mathematics employment, science and engineering degree holders, and patent activity. Massachusetts beat […]

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I almost expected to see dancing in the streets when the news got out: General Electric is moving its headquarters to downtown Boston.  This Fortune 500 company (#8 on the list), with  $149 Billion in revenue wants to become more of a technology and software company which fits very nicely in with Boston’s positon as […]

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According to an article in the New York Times, lawyers will still have a job. Automation is not going to replace them all. Whew! Automation will replace a lot of tasks, but not necessarily people, according to the author, John Markoff. And he backs that up by citing several studies. Check it out: http://bits.blogs.nytimes.com/2016/01/04/the-end-of-work-not-so-fast

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Guest Post Submitted by: Sajith We all enter into some type of contract at various times in our  life. But have we ever thought of all the possible consequences in the long run? Is it really about sign and forget? Every year, many companies lose a significant amount of money owing to contractual non-compliance. The […]

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Corridor and Brightleaf’s webinar Incorporating a Migration Strategy into a Contract Management System Initiative was a big success! We had great attendance and wanted to make sure that the information shared by our speakers was made available for those that could not make it. Here are links to the slide deck and recording. We covered […]

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I just got through reading an excellent article by McKinsey & Co. entitled “Delighting in the Possible”. It’s their version of how to think outside the box simply by separating the possible from the probable. In it, the authors state “our approach to the hardest problems—and the anxiety those problems create—is fundamentally misdirected. When most […]

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Karen Anzuni, CIO at Benesch Friedlander, Coplan & Aronoff, writes in today’s Law Technology News of how Big Data technologies and analytics are helping law firms innovate and compete. A few weeks ago, the always-incisive Ron Friedmann posted an outline of his ‘Do Less Law” presentation. The presentation echoed a topic Friedmann wrote about a few months earlier: […]

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Yesterday’s ABA Journal carried in its New Normal section a scathing, withering (“scathering“??) critique–by California business attorney Edwin Reeser–of the quick-fix, sugar-buzz staff cuts that firms made during The Big Downturn. We admit to having a bit of a sweet tooth for insightful writing on the rationality of law firm economics. We’re gluttons for the stuff.  So […]

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Top-10 innovative In-House departments think about this stuff a lot.[/caption] Analytics. Process automation.  Cloud computing. Proactive management of contract contents. Seamless integration of document collaboration tools. Segmenting work and apportioning it optimally among inside and outside resources. Maximizing speed and minimizing cost. What are we talking about? Is this some list of benefits realized by […]

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Brightleaf sells document automation technologies—and technology-leveraged services—that help lawyers work more quickly, efficiently, accurately, collaboratively, and profitably.  We deploy those technologies and services at law firms and in-house legal departments.  Our customers at those firms and departments use Brightleaf to improve contract creation and contract negotiation…and to gain greater contract intelligence over their executed transactions. We make […]

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Okay.  That title sounds like the old joke: “News Bulletin: A common household product may be killing you as you watch this television.  That story, and film, at 11…Now, back to a very special episode of ‘The Golden Girls’…” But more and more recent studies suggest that sitting for long periods each day is killing you. Stated more […]

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Bruce MacEwen, writing as incisively as ever at Adam Smith, Esq., posted Friday this first in a series of articles on whether law firms commit the resources they should to business management. Key quote: “McKinsey (on whom we will rely in this series) estimates the managerial complexity quotient of a high-end professional services firm to […]

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